$PTON Head Traps & Shoulders

Looking like the start of the collapse on PTON here, now of course its "Head n Shoulders" but we got an exercise bike, so of course this guy is gunna be bulked up with some nice shoulders with some firms trapezoids, am i right? those traps would equate to the buying power of the dips and the triple entendre a literally bull trap waving the red cape, but this guy has to get off the bike at some point for a breather before a likely good Earnings Run. Scouting a Wave 4 retrace here... also stochs are starting to turn down. happy trading :)